November 11, 2010
It is now clear that the precious metals market was "set up" this week by the bankers for a major take-down (a "take-down" which is already starting to fizzle-out).
It began with the piece by World Bank president Robert Zoellick "suggesting" a return to some sort of gold standard. Having a banker come out with that remark was designed to whip the bulls into a manic frenzy - and it worked. Not only bullion prices, but the share prices of mining stocks began to shoot up in the rapid, erratic manner indicative of manic buying......read on